Insurance Coverage Information
Total Monthly Premium Per Member
R203,24
(inc. VAT and Commissions)
| COVER | Maximum Limit | Annual Claims Limit | Max Limit per member per Year |
|---|---|---|---|
| Fire | R75 000 | 2 x claims per annum | R150 000 |
| Flood | R20 000 | 2 x claims per annum | R40 000 |
| Theft | R40 000 | 3 x claims per annum | R120 000 |
| Legal Assist* | R25 000 | Unlimited up to R25 000 attorney fees in one year | R25 000 |
| Point of Sale | R7 500 | 2 x claims per annum | R15 000 |
| ANNUAL Max Limit per member | R350 000 | ||
| SASRIA | Cover Limit | Unlimited | R310 000 |
Insurance Coverage Details
Fire
Maximum Limit
R75 000
Annual Claims Limit
2 x claims per annum
Max Limit per Year
R150 000
Flood
Maximum Limit
R20 000
Annual Claims Limit
2 x claims per annum
Max Limit per Year
R40 000
Theft
Maximum Limit
R40 000
Annual Claims Limit
3 x claims per annum
Max Limit per Year
R120 000
Legal Assist*
Maximum Limit
R25 000
Annual Claims Limit
Unlimited up to R25 000 attorney fees in one year
Max Limit per Year
R25 000
Point of Sale
Maximum Limit
R7 500
Annual Claims Limit
2 x claims per annum
Max Limit per Year
R15 000
SASRIA
Maximum Limit
Cover Limit
Annual Claims Limit
Unlimited
Max Limit per Year
R310 000
ANNUAL Max Limit per member
R350 000
*Regarding the Legal Assist cover, if the Association would like to nominate an Attorney (with a SA Trust Account) to manage legal assistance claims under the Group Cover, we would be happy to discuss this further.
Insurance Risk Premium, inc SASRIAR182,00
12% Translation FeeR21,24